
MetLife Australia has called for a “rethink” of retirement planning strategies, as surging costs see confidence in savings plummet.
In a surprise move, TelstraSuper has aborted its merger process with Equip Super stating it is not in members’ best interests.
The reality of the Australian superannuation industry is that it is now dominated by 22 super funds controlling 93.2% of AUM.
Industry funds group, the Super Members Council, has backed ASIC’s proposals to publish IDR data likening it to the super performance test.
Superannuation funds can expect ASIC examination of their advertising and marketing expenditures in the new financial year.
Listed ETFs are emerging as early winners as SMSF trustees seek to adjust to the likelihood of the $3 million superannuation tax cap regime.
Yet another specialist superannuation research house has confirmed the value of having avoided an over-reaction to the US tariffs regime.
Industry funds group, SMC has sought to defend the benefits of unlisted investments in the face of ASIC’s private markets discussion paper.
An average allocation of 45% to unlisted assets has helped Australian super returns remain in positive territory despite Trump’s tariffs.